FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Norrod Forrest Eugene
2. Issuer Name and Ticker or Trading Symbol

ADVANCED MICRO DEVICES INC [ AMD ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP & GM DESG
(Last)          (First)          (Middle)

2485 AUGUSTINE DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

8/9/2021
(Street)

SANTA CLARA, CA 95054
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 8/9/2021  M  18936 A$0 287577 D  
Common Stock 8/9/2021  F  7453 D$107.58 280124 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (1)8/9/2021  M     9701   (2) (2)Common Stock 9701.0 $0 0 D  
Restricted Stock Units  (1)8/9/2021  M     5942   (3) (3)Common Stock 5942.0 $0 5945 D  
Restricted Stock Units  (1)8/9/2021  M     3293   (4) (4)Common Stock 3293.0 $0 6588 D  
PRSU Award  (5)8/9/2021  A   17749     (6) (6)Common Stock 17749.0 $0 17749 D  
RSU Award  (1)8/9/2021  A   8874     (7) (7)Common Stock 8874.0 $0 8874 D  
Stock Option Grant $107.58 8/9/2021  A   20720     (8)8/9/2028 Common Stock 20720.0 $0 20720 D  

Explanation of Responses:
(1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock.
(2) The RSUs vest 1/3 on each of August 9, 2019, 2020 and 2021.
(3) The RSUs vest 1/3 on each of August 9, 2020, 2021 and 2022.
(4) The RSUs vest 1/3 on each of August 9, 2021, 2022 and 2023.
(5) Between 0% and 250% of the target number of PRSUs may be earned depending on (a) the return on AMD's stock price relative to the return on the S&P 500 Index over the performance period that begins August 9, 2021 and ends on August 9, 2024, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2023 fiscal year non-GAAP earnings per share exceeds AMDs 2021 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 9, 2024 (or the one-year anniversary of a change in control, if earlier).
(6) The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee ("Compensation Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 5, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2024 or the date following the Compensation Committee's determination of performance.
(7) The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.
(8) The options vest 1/3 on each of August 9, 2022, 2023 and 2024.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Norrod Forrest Eugene
2485 AUGUSTINE DRIVE
SANTA CLARA, CA 95054


SVP & GM DESG

Signatures
/s/Forrest Eugene Norrod8/11/2021
**Signature of Reporting PersonDate

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